NYSE:CIB - Bancolombia Stock Price, News, Headlines & Rumors

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$44.66 +1.26 (+2.90 %)
(As of 08/16/2018 02:19 PM ET)
Previous Close$43.73
Today's Range$43.73 - $45.08
52-Week Range$36.38 - $51.38
Volume13,597 shs
Average Volume380,043 shs
Market Capitalization$10.77 billion
P/E Ratio11.92
Dividend Yield3.19%
Beta0.49
Bancolombia logoBancolombia S.A. provides various banking products and services to individual, corporate, and government customers in Colombia, Latin America, and the Caribbean region. The company operates in nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, overdrafts, and financing for industrial projects; mortgage banking and factoring services; and financial and operating leasing services. The company also provides capital market products, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; and life, auto, commercial, and homeowner's insurance products. Further, the company provides investment banking services comprising project and acquisition finance, debt and equity capital markets, principal investments, merger and acquisition, restructurings, and structured corporate lending; trust and asset management services, such as money market accounts, mutual and pension funds, private equity funds, payment trust, custody, and corporate trust; digital banking and revolving credit facility services. Additionally, it is involved in transportation, real estate brokerage, maintenance and remodeling, advertising and marketing, and outsourcing activities. The company operates 1,153 branches, 10,349 banking correspondents, and 590 mobile service spots; 227 kiosks; and 5,630 automatic teller machines. Bancolombia S.A. was founded in 1945 and is headquartered in Medellín, Colombia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CIB
CUSIPN/A
Phone574-404-1837

Debt

Debt-to-Equity Ratio0.78
Current Ratio1.12
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio11.92
Forward P/E Ratio11.97
P/E Growth0.84

Sales & Book Value

Annual Sales$5.76 billion
Price / Sales1.87
Cash Flow$3.7912 per share
Price / Cash11.78
Book Value$30.48 per share
Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)$3.64
Net Income$784.50 million
Net Margins10.59%
Return on Equity8.67%
Return on Assets1.01%

Miscellaneous

Employees34,567
Outstanding Shares240,460,000
Market Cap$10.77 billion

Bancolombia (NYSE:CIB) Frequently Asked Questions

What is Bancolombia's stock symbol?

Bancolombia trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."

How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia?

Bancolombia announced a quarterly dividend on Thursday, April 26th. Investors of record on Thursday, June 28th will be paid a dividend of $0.362 per share on Friday, July 13th. This represents a $1.45 annualized dividend and a yield of 3.24%. The ex-dividend date is Wednesday, June 27th. This is an increase from Bancolombia's previous quarterly dividend of $0.36. View Bancolombia's Dividend History.

How were Bancolombia's earnings last quarter?

Bancolombia SA (NYSE:CIB) issued its earnings results on Thursday, August, 18th. The bank reported $1.03 earnings per share for the quarter. The bank earned $729.73 million during the quarter. Bancolombia had a net margin of 10.59% and a return on equity of 8.67%. View Bancolombia's Earnings History.

When is Bancolombia's next earnings date?

Bancolombia is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Bancolombia.

What price target have analysts set for CIB?

7 brokerages have issued twelve-month price objectives for Bancolombia's shares. Their forecasts range from $41.00 to $45.00. On average, they anticipate Bancolombia's share price to reach $43.00 in the next year. This suggests that the stock has a possible downside of 3.7%. View Analyst Price Targets for Bancolombia.

What is the consensus analysts' recommendation for Bancolombia?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 1 sell rating and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bancolombia.

Are investors shorting Bancolombia?

Bancolombia saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 635,944 shares, a drop of 37.2% from the July 13th total of 1,011,934 shares. Based on an average daily volume of 279,439 shares, the short-interest ratio is presently 2.3 days. View Bancolombia's Current Options Chain.

Who are some of Bancolombia's key competitors?

Who are Bancolombia's key executives?

Bancolombia's management team includes the folowing people:
  • Mr. Juan Carlos Mora Uribe, Pres & CEO (Age 53)
  • Mr. José Humberto Acosta Martin, VP of Fin. & CFO (Age 56)
  • Mr. Jorge Ospina Lara, VP of Technology Services
  • Mr. Alejandro Mejia Jaramillo, Investor Relations Mang. (Age 53)
  • Mr. Mauricio Rosillo Rojas, Chief Legal Officer, Gen. Sec. & VP of Legal (Age 49)

Has Bancolombia been receiving favorable news coverage?

Media coverage about CIB stock has been trending somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bancolombia earned a news and rumor sentiment score of 0.00 on Accern's scale. They also assigned news coverage about the bank an impact score of 47.13 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Bancolombia.

Who are Bancolombia's major shareholders?

Bancolombia's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Northern Cross LLC (3.13%), Vontobel Asset Management Inc. (1.72%), Earnest Partners LLC (1.20%), Polaris Capital Management LLC (0.81%), Genesis Asset Managers LLP (0.73%) and Genesis Asset Managers LLP (0.73%).

Which major investors are selling Bancolombia stock?

CIB stock was sold by a variety of institutional investors in the last quarter, including Northern Cross LLC, Polaris Capital Management LLC, Russell Investments Group Ltd., Scout Investments Inc., Carillon Tower Advisers Inc., Wells Fargo & Company MN, Legal & General Group Plc and Banco de Sabadell S.A.

Which major investors are buying Bancolombia stock?

CIB stock was bought by a variety of institutional investors in the last quarter, including Vontobel Asset Management Inc., Genesis Asset Managers LLP, Genesis Asset Managers LLP, BlackRock Inc., Brown Advisory Inc., Renaissance Technologies LLC, FMR LLC and Marathon Asset Management LLP.

How do I buy shares of Bancolombia?

Shares of CIB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $44.66.

How big of a company is Bancolombia?

Bancolombia has a market capitalization of $10.77 billion and generates $5.76 billion in revenue each year. The bank earns $784.50 million in net income (profit) each year or $3.64 on an earnings per share basis. Bancolombia employs 34,567 workers across the globe.

How can I contact Bancolombia?

Bancolombia's mailing address is AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, . The bank can be reached via phone at 574-404-1837 or via email at [email protected]


MarketBeat Community Rating for Bancolombia (NYSE CIB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  506
MarketBeat's community ratings are surveys of what our community members think about Bancolombia and other stocks. Vote "Outperform" if you believe CIB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CIB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/16/2018 by MarketBeat.com Staff

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